Las Vegas Review-Journal (Las Vegas, NV) articles from July 2007

Las Vegas Review-Journal (Las Vegas, NV) archives from July 2007

Las Vegas Review-Journal Inside Gaming column.(Column)
July 1, 2007

Fund with emphasis on casino stocks, alcohol, tobacco posts impressive returns.
July 1, 2007

Las Vegas Review-Journal business briefs column.(Column)
July 2, 2007

Las Vegas Review-Journal Nevadan at Work column.
July 2, 2007

Great time to be a grad.
July 2, 2007

Las Vegas Review-Journal The Online Guy column.(Column)
July 2, 2007

Las Vegas Review-Journal Real Estate column.(Column)
July 2, 2007

Las Vegas Review-Journal Inside Business column.(Column)
July 3, 2007

Lady Luck plans are mystery.
July 3, 2007

Investors Group Takes a Village.
July 3, 2007

Western Alliance shares fall on new report.
July 4, 2007

Las Vegas Review-Journal Inside Business column.(Column)
July 4, 2007

Judge won't dismiss claims.
July 4, 2007

Resort relaxation.
July 4, 2007

Wynn Macau president will exit company.
July 4, 2007

Las Vegas Review-Journal Inside Business column.(Column)
July 5, 2007

Poker's patriarch.
July 5, 2007

New member of utilities agency has judge's perspective.
July 5, 2007

Critics see too many secrets.
July 8, 2007

Las Vegas Review-Journal Inside Gaming column.(Column)
July 8, 2007

Las Vegas Review-Journal Nevadan at Work column.(Column)
July 9, 2007

Did I tell you this bugs me?
July 9, 2007

Las Vegas Review-Journal Real Estate column.
July 9, 2007

Construction costs still on rise.
July 10, 2007

Home supply reaches record.
July 10, 2007

Something cooking.
July 11, 2007

Former Global Express owner gets trial delay.
July 11, 2007

Past champs get early exits.
July 11, 2007

Report says LV growing too fast.
July 12, 2007... Byline: Jennifer Robison Jul. 12--Las Vegas has earned countless plaudits from national magazines for its warp-speed economic growth. But one publication says Southern Nevada is expanding too quickly for its own good. The...

Farewell to Egypt.
July 12, 2007... Byline: Howard Stutz Jul. 12--Luxor is working to get Egypt out of the pyramid. Two years after acquiring the 4,500-room hotel-casino as part of its $7.9 billion purchase of the Mandalay Resort Group, MGM Mirage is giving the Luxor a...

Dreary hotel to get revamp.
July 12, 2007... Byline: Benjamin Spillman Jul. 12--The rise of boutique-chic in Las Vegas could start at one of downtown's shadiest dives. A Miami developer with an eye for converting rundown properties into trendy boutique hotels has an agreement to...

Sahara edges step closer to new ownership.
July 12, 2007... Byline: Howard Stutz Jul. 12--The Sahara moved a step closer toward new ownership Wednesday. The Gaming Control Board gave tentative approval for the Navegante Group, a Las Vegas-based casino management company, to operate gaming at...

Nevada casino revenue hits new monthly high.
July 13, 2007... Byline: Howard Stutz Jul. 13--Nevada casinos recorded the highest-ever one-month gaming win total during May. But if baccarat players hadn't been so lucky, the revenue figure could have been even higher. Nevada casinos won $1.143...

Ex-champs scarce.
July 13, 2007... Byline: Howard Stutz Jul. 13--Chris Ferguson's journey through the 38th World Series of Poker ended about an hour into play Thursday afternoon during the third day of the world championship event. But the former poker champion didn't leave...

Increase in power rates cut ... barely.
July 13, 2007... Byline: John G. Edwards Jul. 13--State regulators trimmed Nevada Power Co.'s rate increase on Thursday, but most customers probably won't notice any difference. The Public Utilities Commission voted to cut $1 million from the $116...

Denver group snares assets of Dermody.
July 13, 2007... Byline: Hubble Smith Jul. 13--Denver-based ProLogis has acquired the industrial real estate assets of Dermody Properties, including 20 buildings and 3.9 million square feet in Las Vegas, for $1.85 billion, the companies announced Thursday....

Shuffle Master buys table games division from Progressive Gaming.
July 13, 2007... Byline: Carol Cling Jul. 13--Casino equipment provider ShuffleMaster agreed Thursday to purchase the table games division from rival manufacturer Progressive Gaming International. The transaction, which could close by the end of...

UNLV seeks to wield economic clout.
July 13, 2007... Byline: Jennifer Robison Jul. 13--The University of Nevada, Las Vegas made its name on two fronts: hotel-management studies and championship basketball. But the school's officials want to make the university just as well-known for its...

Silver State slices stock offering.
July 14, 2007... Byline: John G. Edwards Jul. 14--The luster is coming off the proposed initial public stock offering for $1.38 billion asset Silver State Bancorp, as the number of shares and the price of the shares is cut. The Henderson-based banking...

LV Valley economic index moves in sideways direction.
July 14, 2007... Byline: Hubble Smith Jul. 14--Southern Nevada's economy is moving sideways and has closely tracked the U.S. economy since 2005, a local economist said. The national economy dropped fairly sharply in the first quarter and gross domestic...

Different paths to survival.
July 14, 2007... Byline: Howard Stutz Jul. 14--Paul Spitzberg and Billy Baxter were a stark contrast in both style and experience Friday at the World Series of Poker. Spitzberg, a retired executive from Tenafly, N.J., was playing in his first...

Foreigners, air travelers help May visitation rise 1.2 percent.
July 14, 2007... Byline: Benjamin Spillman Jul. 14--Foreigners and air travelers from around the United States helped increase the number of Las Vegas visitors to 3.9 million in May, up 1.2 percent from the same month last year. The combined number of...

Nevada Power Co. spends millions so businesses can pay less for energy.
July 15, 2007... Byline: John Edwards Jul. 15--The lobby of the Artisan Hotel looks like the inside of a castle with a fountain of splashing water, reproductions of artwork by the masters and a cool, dark labyrinth of rooms. One of the most interesting...

Las Vegas Review-Journal Inside Gaming column.(Column)
July 15, 2007... Jul. 15--'LUCKIEST DAY' JUST THAT FOR CASINOS: So how did Strip casinos perform on 7-7-07? One gaming analyst said the "Luckiest Day of the Century" was good for casino operators. Matthew Jacob of Majestic Research told investors last...

Outlook for housing: Gloomy and likely to worsen.
July 15, 2007... Byline: Hubble Smith Jul. 15--The housing malaise that has spread throughout the nation will probably get worse before it gets better, most analysts agree. Home sales in Las Vegas are off by 40 percent, prices are falling and builders...

Cox Communications ranks high, Embarq low in phone customer rankings.
July 16, 2007... Byline: John G. Edwards Jul. 16--Cox Communications once again led the pack in residential telephone customer satisfaction in the West, and Embarq Corp. came in last, according to a J.D. Power and Associates survey announced Wednesday. ...

Las Vegas Review-Journal Nevadan at Work column.
July 16, 2007... Byline: John G. Edwards Jul. 16--A new Korean immigrant got the inspiration of his life one day while buying a bottle of Scotch whiskey. Hae Un Lee, a drug investigator for the South Korean government, wanted a challenge when he...

National franchise operators focus on Las Vegas.
July 16, 2007... Byline: Hubble Smith Jul. 16--The line at Extreme Pita snakes into the aisle as Meadows mall shoppers swarm the second-level food court during lunchtime. They may not have ever heard of the Canadian-based restaurant chain founded in...

Las Vegas Review-Journal Real Estate column.
July 16, 2007... Byline: Hubble Smith Jul. 16--A Caterpillar claw-mounted backhoe tore through the block walls and aluminum roof of the former Falconi Honda dealership on West Tropicana Avenue on Wednesday, clearing the 12-acre site for construction of the...

Lady Luck gets closer to getting some relief.
July 17, 2007... Byline: Benjamin Spillman Jul. 17--Developers of the shuttered Lady Luck and Las Vegas officials have outlined an ambitious schedule to revive the troubled downtown hotel and casino. On Wednesday, the City Council is scheduled to...

Office vacancy climbs in second quarter.
July 17, 2007... Byline: Hubble Smith Jul. 17--Kenneth Smith likes to see office vacancy around 6 percent to 8 percent, but he get developing projects in Las Vegas even when rates were at 12 percent or 14 vacancy levels and he did just fine. That's why...

Las Vegas Review-Journal The Online Guy column.(Column)
July 17, 2007... Byline: Al Gibes Jul. 17--GREEN VALLEY GRAD CAN ATTEST THAT INTERNET STILL NOT A SAFE PLACE FOR TEENS: One of the first lessons parents teach their toddlers is: "Don't talk to strangers." It's time to repeat that mantra, but this time it's...

Too close to call.
July 17, 2007... Byline: Howard Stutz Jul. 17--Unlike a year ago, when the outcome of the world poker championship seemed like a foregone conclusion, any of the nine players going into today's final table in the 2007 World Series of Poker has a chance of...

Las Vegas Review-Journal Inside Business column.(Column)
July 18, 2007... Jul. 18--GOVERNOR ADDS OGILVIE TO RIVER COMMISSION: Gov. Jim Gibbons named George Ogilvie III, managing partner of McDonald Carano Wilson, to the Colorado River Commission. THE ADELSON SCHOOL and The M.I.S. Hebrew Academy named Minao...

Chipping competition away.
July 18, 2007... Byline: Howard Stutz Jul. 18--For most of Tuesday, it appeared one player was rushing to collect the world poker championship and the $8.25 million payday before the evening dinner break. Then tradition took hold. Shortly after 5...

Executive calls commercial real estate outlook good.
July 18, 2007... Byline: Hubble Smith Jul. 18--Commercial real estate has bounced back from recessionary times and the year ahead looks decent, an investment executive said Tuesday at the Appraisal Institute's 75th annual conference and expo at Caesars...

Power goes out at McCarran.
July 19, 2007... Byline: John G. Edwards Jul. 19--Large parts of McCarran International Airport lost electricity about 4:50 p.m. Wednesday, temporarily stopping most arrivals and departures and leaving travelers in semidarkness without air conditioning....

Las Vegas Review-Journal Inside Business column.(Column)
July 19, 2007... Jul. 19--HENDERSON ASSOCIATION SELECTS BOARD MEMBERS: The Henderson Development Association re-elected Chris Larsen and Pete Atkinson to its board. The association also named John Ramous and Elizabeth Trosper to its board. GLEN, SMITH &...

Home sales 'blah'.
July 19, 2007... Byline: Hubble Smith Jul. 19--The summer months are always slow for home sales in Las Vegas. When it's 110 degrees outside, nobody likes to go house hunting. That's part of the reason for the dip in June numbers for both new and...

Lady Luck put on 'fast track'.
July 19, 2007... Byline: Benjamin Spillman Jul. 19--The Hollywood-based developers taking over the Lady Luck hotel and casino hope to reopen the shuttered property within two years and transform a segment of downtown that's been losing steam since early...

$8.25 million answer to prayers.
July 19, 2007... Byline: Howard Stutz Jul. 19--Jerry Yang is a different kind of World Series of Poker champion. Vastly different. The diminutive 39-year-old psychologist, a Laotian immigrant, a married father of six small children and a...

Bankruptcy trustee seeking approval to sell Palm Springs hotel, condos.
July 19, 2007... Byline: John G. Edwards Jul. 19--A bankruptcy trustee is asking for approval to sell a Palm Springs hotel and related condominiums, starting the dismantling and liquidation of a real estate development company affiliated with failed...

Emperor's new clothes.
July 20, 2007... Byline: Arnold M. Knightly Jul. 20--When Harrah's Entertainment acquired Caesars Palace 25 months ago, employees were worried about the direction the new owners might take the high-profile property, according to general manager John Unwin....

Regulators approve pipeline expansion.
July 20, 2007... Byline: John G. Edwards Jul. 20--Federal regulators gave preliminary approval Thursday to a 248-mile, $400 million pipeline for motor and jet fuel that will boost supplies in the rapidly growing Las Vegas area. The Federal Energy...

International Game Technology beats analysts' estimates.
July 20, 2007... Byline: Howard Stutz Jul. 20--Wall Street analysts had been guarded in their approach toward slot machine giant International Game Technology heading in the company's planned announcement Thursday concerning third-quarter earnings. ...

Republic Services employees to vote on contract proposal.
July 20, 2007... Byline: Hubble Smith Jul. 20--Union workers for trash-hauling company Republic Services will vote today on a new contract after overwhelmingly rejecting the first contract offer in May. Teamsters Local 631 Secretary-Treasurer Wayne...

Make way for bags.
July 21, 2007

Thomas & Mack No. 2 in ticket sales.
July 21, 2007

Rate of jobless tops U.S.
July 21, 2007

Las Vegas Review-Journal Inside Gaming column.(Column)
July 22, 2007

Downtown dream.
July 22, 2007

Suppliers urged to understand needs.
July 22, 2007... Byline: Howard Stutz Jul. 22--Major casino companies based in Las Vegas have expanded their presence along the Strip and beyond Nevada's borders. But they still look to local businesses to supply some of their needs. The task for small...

Las Vegas Review-Journal Inside Business column.(Column)
July 23, 2007

Las Vegas Review-Journal Nevadan at Work column.
July 23, 2007

Las Vegas Review-Journal Real Estate column.(Column)
July 23, 2007

Nevada closes gap.
July 23, 2007

Project fit for a King, perhaps.
July 24, 2007... Byline: Arnold M. Knightly Jul. 24--Elvis lives. At least along part of the south Strip. A real estate company with licensing rights to the estate of Elvis Presley, which recently took complete control of 18 acres on the southeast...

Former bellmen build a better doorstop.(Company overview)
July 24, 2007... Byline: Howard Stutz Jul. 24--Brian Agster and William Hengler, two Mandalay Bay bellmen, spent two years designing and developing a doorstop that was easy to use, decreased property damage and was safer than the old-fashioned models. ...

Industrial vacancies remain low.
July 24, 2007... Byline: Hubble Smith Jul. 24--Las Vegas' industrial market posted another strong quarter as vacancy rates remained relatively low at 4.4 percent, a local real estate observer said. Vacancy was lowest in warehouse and distribution space...

Banker-pitchman to relinquish reins to successor.
July 24, 2007... Byline: John G. Edwards Jul. 24--Bill Martin, chief executive officer of the largest commercial bank chartered in Nevada and perhaps the best known banker in Nevada, announced Monday that he is turning over day-to-day operations of Nevada...

Las Vegas Review-Journal The Online Guy column.(Column)
July 24, 2007... Byline: Al Gibes Jul. 24--NOT EVERYONE WAITED FOR HARRY: Does Harry Potter die? It's the biggest question in popular media since "Who shot J.R.?" OK, so I'm dating myself with that one, but the truth is, I didn't watch "Dallas," and...

State officials air concerns over Sierra Health buyout.
July 24, 2007... Byline: Jennifer Robison Jul. 24--Some high-profile Nevada officials weighed in Monday on a proposed merger between Sierra Health Services and UnitedHealth Group. Representatives of the Nevada attorney general's office and the state...

Teamsters approve new pact with trash hauler.
July 24, 2007... Byline: Jennifer Robison Jul. 24--Members of Teamsters Local 631 have agreed to a five-year labor agreement with the trash company that serves the Las Vegas Valley. The workers voted 551-323 Friday to accept Republic Services of...

Las Vegas Review-Journal Inside Business column.(Column)
July 25, 2007... Jul. 25--BANK MOVES: The Bank of North Las Vegas moved to 6385 Simmons St. -- Lied Discovery Children's Museum named Lynn Osmera marketing and public relations manager. -- Chomko Insurance Services named Tony Breighner vice president...